Thursday, October 3, 2024

Ørsted Selects PCI Energy Solutions to Deliver a Comprehensive Energy Trading and Risk Management Platform in the U.S.

Committed to empowering energy companies with innovative software, PCI Energy Solutions has been selected by Ørsted to provide a comprehensive platform for Ørsted’s expansion in the U.S. market.

PCI will implement its ETRM software to streamline Ørsted’s trading workflows for FTRs (Financial Transmission Rights), OTC (over-the-counter) trades, exchange trades, and wholesale multi-market “bid-to-bill” functionality.

As a leading U.S. clean energy company, Ørsted selected PCI after a thorough vendor evaluation process and chose PCI for its fit-for-purpose platform, energy industry expertise, and commitment to customer success.

Also Read : FPT Software Activates Carbon Accounting on Large Scale, Fortifying Sustainable Commitment

“Ørsted is deploying a range of renewable technologies to strengthen and expand America’s clean energy industry and we needed a dependable business partner to support our growth, which we’ve found in PCI,” said Brent Phelps, head of Trading at Ørsted.

“We’re excited to partner with Ørsted as they undertake the business expansion initiative to replace legacy systems with PCI’s integrated and scalable platform,” said Shailesh Mishra, senior vice president of Commercial and Customer Success at PCI. “Our reliable software solutions and experienced team will empower Ørsted to optimize workflows, gain efficiencies, and make data-driven decisions across their operations.”

SOURCE : BusinessWire

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